The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Rbl Bank Limited for its Purasaiwalkam branch in Chennai, Purasaiwalkam, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Rbl Bank Limited located in Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code RATN0000343. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Rbl Bank Limited, Purasaiwalkam, Chennai
Here are the main details that are associated with the IFSC Code RATN0000343 of Rbl Bank Limited for its branch located in Chennai, within the district of Purasaiwalkam in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Rbl Bank Limited |
| IFSC Code | RATN0000343 |
| Branch | Purasaiwalkam |
| City | Chennai |
| District | Purasaiwalkam |
| State | Tamil Nadu |
| Address | First And Stilt Floor,New No.16, Old No 86,Millers Road,Kilpauk,Purasaiwalakam,Chennai-600010 |
These details help users in online banking and for businesses and individuals who use Rbl Bank Limited in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RATN0000343 for the Purasaiwalkam branch of Rbl Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Rbl Bank Limited located in Purasaiwalkam, Chennai, Tamil Nadu, are given a unique IFSC like RATN0000343 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chennai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Chennai and Purasaiwalkam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Rbl Bank Limited in Purasaiwalkam goes to the correct branch. This is important because Rbl Bank Limited has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code RATN0000343
The format of the IFSC Code for banks, including Rbl Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Rbl Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Purasaiwalkam in Chennai.
For example, the IFSC Code RATN0000343 of Rbl Bank Limited for the Purasaiwalkam branch has these elements, identifying the bank and the branch location in Chennai and Tamil Nadu correctly.
How to Find IFSC Code for Rbl Bank Limited?
If you are looking for the IFSC Code RATN0000343 of Rbl Bank Limited for its Purasaiwalkam branch located in Chennai, the following methods can help:
Cheque Book
The cheque book that is issued by Rbl Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Rbl Bank Limited branches in Chennai and Purasaiwalkam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Rbl Bank Limited and look for the branch locator section, then search for Purasaiwalkam or Chennai to get the exact IFSC Code RATN0000343.
Mobile Banking App
If you use Rbl Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Rbl Bank Limited and Chennai, then it will provide you proper information.
How to Use IFSC Code RATN0000343 for Online Transfers?
Once you have the IFSC Code RATN0000343 for the Purasaiwalkam branch of Rbl Bank Limited in Chennai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code RATN0000343. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Rbl Bank Limited IFSC Code RATN0000343.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Rbl Bank Limited Purasaiwalkam in Chennai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Rbl Bank Limited in Purasaiwalkam, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Rbl Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Chennai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is RATN0000343.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is First And Stilt Floor,New No.16, Old No 86,Millers Road,Kilpauk,Purasaiwalakam,Chennai-600010 located in Chennai, Purasaiwalkam, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.